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Percentage Rent Calculator – Excel Template
Our percentage rent – excel template helps you calculate the additional rent you owe based on in-store sales.
Site Survey Checklist – PDF Template
Are you thinking about leasing a commercial property? If so, you need to make sure that you do your due diligence before signing a lease. One of the most important things you can do is conduct an in-depth commercial tenant site survey. By conducting a thorough survey, you can avoid costly surprises and ensure that you are leasing a property that is suitable for your needs.
Frequently Asked Questions:
Percentage rent is an arrangement where tenants pay a base rent plus a percentage of their gross sales, incentivizing landlords to support tenants’ business success.
This type of lease is commonly used in retail settings, especially for high-volume businesses like those in shopping centers, but can also apply to smaller businesses benefiting from high foot traffic.
Tenants may enjoy lower base rents and flexibility during slower sales months, allowing them to pay less when business is down, which can help with cash flow management.
Tenants should research market rates, consider the stability of their sales, and negotiate for favorable terms like lower breakpoints or caps on rent increases to balance affordability with potential growth.